Webinar - NEC4 ECC: Understanding Defined Cost
Webinar - NEC4 ECC: Understanding Defined Cost
TUE, MAR 11, 2025 13:00 PM
Presented by Barry Trebes
The aim of this webinar is to achieve a common understanding of what counts as Defined Cost and its relationship to Disallowed Cost and the Fee. Also, we’ll cover the structure of the Schedule of Cost Components (soCC) and Shorter Schedule of Cost Components (SSoCC).
By the end of this webinar, you should be able to:
- Understand how the SoCCs are used and understand Disallowed Cost in the context of Defined Cost
- Explain how the Fee is and what it includes
- Understand how Defined Cost is used in the main options